HMT (NSE:HMT) EV-to-FCF: (As of Jul. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HMT HMT Ltd NSE:HMT
37 GF Score
Price ₹62.93
GF Value ₹36.62
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is HMT EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, HMT's Enterprise Value is ₹30,471 Mil. HMT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was ₹0 Mil. Therefore, HMT's EV-to-FCF for today is .

The historical rank and industry rank for HMT's EV-to-FCF or its related term are showing as below:

NSE:HMT' s EV-to-FCF Range Over the Past 10 Years
Min: -64.15   Med: 0   Max: 0
Current: -64.15

NSE:HMT's EV-to-FCF is ranked worse than
100% of 131 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 18.1 vs NSE:HMT: -64.15

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-17), HMT's stock price is ₹62.93. HMT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was ₹-3.650. Therefore, HMT's PE Ratio (TTM) for today is At Loss.


HMT  (NSE:HMT) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

HMT's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=62.93/-3.650
=At Loss

HMT's share price for today is ₹62.93.
HMT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-3.650.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


HMT EV-to-FCF Related Terms


HMT EV-to-FCF Historical Data

* Premium members only.

The historical data trend for HMT's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HMT EV-to-FCF Chart

HMT Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -71.82 -81.65 44.66 -2.72 -52.05

HMT Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -52.05 0.00 0.00 0.00

NSE:HMT vs CAT, DE, PCAR: EV-to-FCF Comparison

For the Farm & Heavy Construction Machinery subindustry, HMT's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HMT EV-to-FCF vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, HMT's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where HMT's EV-to-FCF falls into.


NSE:HMT
37GF Score
HMT Ltd NSE:HMT
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HMT EV-to-FCF Calculation

HMT's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=30470.603/0
=

HMT's current Enterprise Value is ₹30,471 Mil.
HMT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is HMT (NSE:HMT) Overvalued in 2026?

Based on GuruFocus' analysis, HMT stock appears to be overvalued. The current stock price of ₹62.93 is trading 71.8% above its estimated GF Value™ of ₹36.62. GuruFocus considers HMT to be Significantly Overvalued.

Key valuation signals for NSE:HMT:

  • EV-to-FCF:
  • GF Value™: ₹36.62 vs. price of ₹62.93 (71.8% above fair value)
  • GF Score™: 37/100 with 8 warning signs

No single metric tells the full story. See the NSE:HMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HMT Business Description

Other Exchanges 500191:India
Address No. 59, Bellary Road, HMT Bhavan, Bangalore, KA, IND, 560032
HMT Ltd manufactures food processing machinery, watches, and a diverse range of engineering products and industrial equipment. The company's segments are Machine Tools, Food Processing Units, Projects, and Others. It produces CNC machines, vertical turning centres, and precision systems for engineering, manufacturing, and defence, along with dairy and food processing equipment such as pasteurizers, homogenizers, and packaging machinery. The Projects segment manages exports, turnkey projects, and training centers in Africa, Latin America, the CIS, and Southeast Asia. Machine Tools generate the highest revenue, followed by Food Processing and Projects. Operations are mainly domestic, supported by an international export presence.
37GF Score

Get the complete analysis for NSE:HMT

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹62.93
Price
₹36.62
GF Value